Alabama Statutes

§ 40-7-99 — Warrants Exempt from Laws Relative to Usury, Interest, Etc

Alabama·Title 40 Revenue and Taxation·Ch. 7 Assessment of Taxes Generally·Art. 2 Statewide Property Reappraisal·Div. 2 County Bonds for Purpose of Paying Costs of Reappraisal
Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.

Free access — add to your briefcase to read the full text and ask questions with AI

Alabama § 40-7-99 (Warrants Exempt from Laws Relative to Usury, Interest, Etc) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1975, No. 1129, p. 2223, §1.)

Nearby Sections

15
View on official source ↗